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U.S. DEPARTMENT OF THE TREASURY
READOUT: Treasury Office of State and Local Finance Convenes
Discussion on IRA Implementation
June 16, 2023

WASHINGTON – This week the Department of the Treasury’s Office of State and Local Finance held
the second convening of its Summer Series on Resources for the State and Local Government
Climate Transition. These monthly virtual convenings focus on climate-oriented tools and
resources for the municipal sector and will include presentations from federal agencies, industry
organizations, and academic institutions.
The second convening included Treasury staff and more than 50 participants from trade
associations, coalitions, think tanks, networks, and other organizations that support state, local,
territorial, and tribal governments. They discussed how state and local governments can take
advantage of opportunities in the Inflation Reduction Act of 2022 (IRA) and shared updates on
climate programs at the Environmental Protection Agency (EPA) including its Climate Pollution
Reduction Grants and the Greenhouse Gas Reduction Fund. Speakers and presenters included:
* Treasury Department Office of Tax Policy
* Environmental Protection Agency (EPA)
* Climate Mayors, C40, and the Urban Sustainability Directors Network
Treasury looks forward to additional convenings and supporting efforts by state, local, territorial
and tribal government to adapt to the challenges and opportunities presented by climate change
and the climate transition.